Aug
16

Akzo Nobel Ends Feud With Elliott Management

By

LONDON — Akzo Nobel, the Dutch paint and chemicals company, said on Wednesday that it had reached a truce with Elliott Management, ending a dispute that had been the latest example of an activist investor looking to reshape a major business.

The dispute had centered on repeated efforts by PPG Industries, an American rival, to take over Akzo Nobel, which counts Dulux paint among its brands. Akzo Nobel rebuffed the approaches, and PPG abandoned its pursuit in June…

Akzo Nobel Ends Feud With Elliott Management

Share
Categories : Private Equity

Leave a Reply

You must be logged in to post a comment.